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Wall Street: Stocks give up gains in last hour, finish mixed

Jerry | 10:52 a.m. Nov. 4, 2009

This is more AP propaganda! We should be joyful that we only lost 203,000 jobs (I hope the administration didn't have too much to do with the counting)in October? This to add to the millions already lost in the last year. When Cap and Trade becomes law--let me count the millions more! Do you think China or India are going to worry much about "going green"?

oracle | 12:22 p.m. Nov. 4, 2009

Conservative wins in yesterday's election gives the stock market a glimmer of hope. Lower taxes will lead to higher growth, higher employment and a better economy.

Anonymous | 12:40 p.m. Nov. 4, 2009

The market has done little but climb under Obama, today is merely more of the same. Us liberals got one more congressman to push through our liberal agenda. :-)

What happen to the person who was running for that congressional seat that has been republican held since the Civil War that conservatives, including Palin supported.

Reality is a harsh master.

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Earl | 2:43 p.m. Nov. 4, 2009

I'm sure Anonymous won't read this or respond to it, but it has to be said...again: fluctuations in stock prices have little to do with the health of the economy. The fact of the matter is that there is excessive liquidity looking for a place to land. It's showing up in the stock market and other assets. The fact that prices are going up is not a very good sign, in fact, it's a very bad one. Why? Because assets and commodities are overpriced! In a healthy economy, prices would come down, resulting in an increase in real wages. After all, don't we want to increase our buying power? Just the opposite is happening.

Anonymous | 4:10 p.m. Nov. 4, 2009

I was reading comments here earlier when the market was up. Many were writing about how the increase in this market was caused by two governors being elected. How there is silence in the ranks.

Earl, I'm a liberal not a coward. I agree, liquidity is a major factor in this stock market ans with commodity prices.

Banks have lots cheap money money and they still aren't lending it.

It is also believed that the share market is pushed by how investors view the economy.

You should watch Jon Steward and Krammer. Jon pointed out how financial reporting as aided speculation.

Earl you have more insight than 90% of those commenting here and I really respect that. Please don't under estimate me.

Notice, I omitted an causation. :-)

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Wall Street: Stocks give up gains in last hour, finish mixed

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Reader comments Wall Street: Stocks give up gains in last hour, finish mixed

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Wall Street: Stocks give up gains in last hour, finish mixed